Nonprofit screen
Screen a listHerbie Hancock Institute of Jazz
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$3.9Mrevenue
FY2024 · +62% in 3 yrs7staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−4.7%
Months of reserve1.2mo
Revenue growth (annualized)−1.1%
Middle half of peersMedianHerbie Hancock Institute of Jazz
Where the money goes FY2024 · $4.0M spent
Programs$3.7M92%Management and general$233k6%Fundraising$108k3%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$169k in FY2022 and −$180k in FY2024. Cash covers 1.2 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 7 of its 7 returns, 62% of revenue in FY2024. $855k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending33funders
$535ka year, last 3 years
31%from its largest funder
Funder’17’18’19’20’21’22’23The Herb Alpert FoundationStopped after FY2019$250k$250k$250k–Doris Duke Charitable Foundation IncSince FY2022$250k$250kThe Northrop Grumman FoundationStopped after FY2022$100k$100k$100k–The Ralph M Parsons FoundationOn and off$50k$50k$50k$50kGonda Family FoundationSince FY2020$90k$10k$60k$10kThe Annenberg FoundationOn and off$25k$50k$50k$25kDonor-advised giftsDonors not disclosed$13k$14k$61k$101k$9k$12k20 other fundersUp to $100k a year each$31k$5k$15k$63k$86k$125k$316k
FundedThrough a donor-advised fundStopped